Samsung Electronics says open to M&A for home appliances business

Employees
walk in the main office building of Samsung Electronics in
SeoulThomson
Reuters

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd will
consider all possible options to grow its home appliances
business including mergers or acquisitions, a senior company
executive said on Monday.

Suh Byung-sam, head of Samsung's appliances business, also told
reporters at a company event that Haier Group's acquisition of
General Electric Co's appliances business will have no serious
impact on its business in the near term.